GroundRules
Utah Code § 70A-8-305: Instruction.
Where this section sits in the code
- Title 70A Uniform Commercial Code
- Chapter 70A-8 Uniform Commercial Code - Investment Securities
- Part 70A-8-3 Transfer of Certificated and Uncertificated Securities
(1) If an instruction has been originated by an appropriate person but is incomplete in any other respect, any person may complete it as authorized and the issuer may rely on it as completed, even though it has been completed incorrectly.
(2) Unless otherwise agreed, a person initiating an instruction assumes only the obligations imposed by Section 70A-8-107 and not an obligation that the security will be honored by the issuer.
Collected 2026-09-03T11:34:34Z. Source file · JSON